State which of the following are capital expenditure and which are revenue expenditure. Give reasons in each case.
a) Payment of carriage on goods purchased paid by cheque.
b) Purchase of packing materials for distribution of goods from Andhra Pradesh Paper Mills Ltd.
c) Purchase of Xerox machine for use in own office from Business Equipment Suppliers Ltd.?
In Lagos State University
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Asked by Dharmmie on 1st September, 2020
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